AmeriVet Veterinary Partners
AmeriVet Veterinary Partners is a PE-backed veterinary practice consolidator founded in 2017 and headquartered in San Antonio, Texas, operating 213 partner clinics across 37 states through JV and TopCo partnership models that let veterinarians retain ownership and participate in platform exit upside.
- Company typePrivate
- Founded2017
- HeadquartersSan Antonio, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What AmeriVet Veterinary Partners does
AmeriVet Veterinary Partners is a privately-held veterinary practice consolidator founded in 2017 and headquartered in San Antonio, Texas. The company partners with established veterinary practice owners across the United States through two structures: a Joint Venture (JV) partnership in which AmeriVet acquires a majority ownership stake while the founding veterinarian retains ongoing ownership and operational control, and a TopCo partnership in which the veterinarian fully exits in exchange for a payout partially delivered in AmeriVet equity. As of the most recent data, AmeriVet's network comprises 213 veterinary clinics across 37 states, supported by a centralized platform of operational, HR, recruiting, marketing, and clinical-support resources.
The company's underlying technology is a veterinary practice management and consolidation platform that provides operational and back-office support (payroll, benefits, daily operations), recruitment and development, marketing and business development tools, and clinical-freedom protections to partner practices. It recently extended this stack via a partnership with ScribbleVet to deploy AI-powered clinical documentation and workflow tools across the network. AmeriVet also operates talent development programs including a veterinary externship program for 3rd–4th year students and a mentorship program, addressing industry-wide veterinarian shortages and building a recruiting pipeline.
AmeriVet's business model is private-equity-backed consolidation: Imperial Capital Limited holds majority ownership and OPTrust (one of Canada's largest defined benefit pension plans) holds a substantial minority stake from a June 2019 investment round. Revenue is generated primarily through majority-equity participation in veterinary practice EBITDA and platform-level upside at exit, with partners retaining a stake multiplied at AmeriVet's platform exit multiple (described as exceeding 20x EBITDA). The company has qualified for the ACG Growth Award in the Over $100 million revenue category for three consecutive years (2021–2023) and has been named a Top Workplace in San Antonio for three consecutive years (2021–2023). Go-to-market is an enterprise field sales motion with 6–8 month relationship-building cycles, supported by active conference presence at AVMA, WVC, SWVS, and PacVet.
AmeriVet Veterinary Partners firmographics
Firmographics- Name
- AmeriVet Veterinary Partners
- Legal name
- AmeriVet, Inc.
- Website
- https://amerivet.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- AmeriVet Veterinary Partners is a PE-backed veterinary practice consolidator founded in 2017 and headquartered in San Antonio, Texas, operating 213 partner clinics across 37 states through JV and TopCo partnership models that let veterinarians retain ownership and participate in platform exit upside.
- Ownership category
- akta.pro rank
AmeriVet Veterinary Partners industry classification
Industry- Product category
- Veterinary Practice Management
- NAICS
- Veterinary Services (54194), Veterinary Services (541940)
- akta.pro primary industry
- Companion Animal Veterinary Clinics & Hospitals (AFAEANAA)
- akta.pro secondary industry
- Enterprise & Multi-site Veterinary Operations (Corporate/Group Practice) (HLAMAMAI)
Keywords
Where AmeriVet Veterinary Partners is headquartered
LocationHeadquarters
- HQ city
- San Antonio
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
AmeriVet Veterinary Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Veterinary Practice Acquisitions - Joint Venture (JV): AmeriVet acquires majority ownership positions in veterinary practices. Practice owners retain ongoing ownership and an active role. The company generates revenue by growing the EBITDA of acquired practices and benefiting from their appreciation upon a platform exit, with partners retaining a stake multiplied at exit.
- Veterinary Practice Acquisitions - TopCo (Equity Exit): Practice owners fully exit in exchange for part of their payout in AmeriVet equity (TopCo), keeping a financial stake in the shared future. This allows full liquidity for the seller while maintaining upside participation through AmeriVet equity.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
AmeriVet Veterinary Partners product offering
Product offeringCore offering
AmeriVet Veterinary Partners partners with veterinary practice owners through two primary models: Joint Venture (JV) partnerships, in which AmeriVet acquires a majority share while the veterinarian retains ongoing ownership and an active role, and TOPCO partnerships, in which the veterinarian fully exits in exchange for part of their payout in AmeriVet equity. The company provides partner practices with operational and HR support, recruitment and development, marketing and business services, and preserves clinical freedom for partner veterinarians across its network of 213 clinics in 37 states.
Product overview
AmeriVet Veterinary Partners operates as a unified veterinary practice partnership platform offering two primary partnership models: Joint Venture (JV) partnerships where AmeriVet acquires a majority share while veterinarians retain ownership and active roles, and TOPCO partnerships for full exits with equity stakes. The platform is enhanced by operational support services including HR/payroll management, recruitment and development, marketing and business services, and clinical freedom protections. AmeriVet also provides talent development programs including a Veterinary Externship Program for students and a Mentorship Program for new veterinarians. Their ScribbleVet partnership brings AI-powered documentation tools to modernize practice workflows. The company supports partner practices across 213 clinics in 37 states.
Differentiator
Problem solved
Functional benefit
Products and services
- Joint Venture Partnership (JV) Core partnership offering in which AmeriVet acquires a majority share in an established veterinary practice while the founding veterinarian retains ongoing ownership and an active operational role. Targeted at established veterinary practice owners seeking transition support, operational relief, and continued upside participation.
- TOPCO Partnership Partnership offering for veterinarians seeking full exit from their practice. The veterinarian receives full liquidity in exchange for part of the payout in AmeriVet equity, retaining a financial stake in the shared future of the platform.
- Veterinary Externship Program Hands-on clinical experience program for 3rd and 4th year veterinary students at AmeriVet's network of 213 clinics across 37 states. Offers school credit or paid options, personalized placements, travel stipends in select locations, and flexible scheduling during school breaks.
- Veterinary Mentorship Program Structured mentorship program that connects experienced veterinarians with newer team members to support professional development, knowledge transfer, and clinical confidence across AmeriVet's partner practice network.
- Veterinary Practice Valuation Service Confidential, NDA-protected practice valuation service for prospective veterinary practice partners. Uses adjusted EBITDA calculations, third-party accounting validation, and multiple assessment approaches (Market, Asset, Income) to determine fair market value. Adjustments are discussed for one-time expenses, renovations, and non-typical costs to arrive at a sustainable EBITDA figure. Provided at no cost or obligation to the practice owner.
Quantifiable outcome
- 213 clinics across 37 states
- +3 more outcomes
Companies that use AmeriVet Veterinary Partners
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles2 records
AmeriVet Veterinary Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature2 records
AmeriVet Veterinary Partners partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- ScribbleVetcoreAmeriVet partnered with ScribbleVet, an AI-powered veterinary workflow technology company, to transform veterinary workflow across AmeriVet's network of over 200 clinics. The partnership brings AI-powered tools to AmeriVet's practices, modernizing veterinary care delivery through technology integration. ScribbleVet's tools are designed to streamline documentation, scheduling, and other administrative workflows in veterinary practices.
- Not One More Vet (NOMV)minorAmeriVet partners with Not One More Vet (NOMV), a non-profit organization working to promote mental health and end death by suicide among veterinarians. AmeriVet's collaboration with NOMV through its 'AmeriVet Cares' program was specifically highlighted by Inc. magazine as AmeriVet's area of impact that earned it a place on Inc.'s 2022 Best in Business list.
- IVC Evidensia (via prior leadership experience)minorAndrew Weir, Executive Vice President at AmeriVet, previously led acquisitive activity for VetStrategy in Canada (over 400 locations), which successfully merged with IVC Evidensia, the world's largest veterinary consolidator with more than 1,200 hospitals in over 18 countries. This represents prior professional relationship/experience rather than an active AmeriVet partnership.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
AmeriVet Veterinary Partners competitors and assessment
Company assessmentDirect peers
- National Veterinary Associates (NVA): One of the largest US veterinary consolidators (~700+ hospitals), also PE-backed. Closest comparable to AmeriVet in consolidation model and target customer, but at meaningfully larger scale and with a traditional full-buyout approach.
- PetVet Care Centers: Mid-sized veterinary consolidator with 350+ locations across the US. Directly comparable acquisition-driven growth model targeting independent practice owners.
- VetCor: Veterinary consolidator operating hundreds of hospitals across the US, with a long-standing partnership approach similar to AmeriVet's JV philosophy.
- BluePearl Veterinary Partners: Specialty and emergency veterinary hospital network (part of Mars Petcare). Comparable in operating specialty/emergency veterinary hospitals, an area where AmeriVet also has specialty coverage led by its National Emergency Specialty Director.
- Thrive Pet Healthcare: Veterinary consolidator with general practice, specialty, and emergency hospitals across the US. Direct competitor for both acquisition targets and veterinary talent.
- Compassion-First Pet Hospitals: Specialty and emergency veterinary hospital network (owned by JAB Holding). Competes for the same specialty/emergency acquisition targets and is a comparable consolidator in scale.
Broad incumbents
- VCA, Inc. (Mars Petcare): Acquired by Mars in 2017 for ~$9.1B; operates ~800+ animal hospitals. Larger incumbent with specialty, primary care, and diagnostics under one corporate roof, competing for the same practice-owner acquisition targets.
- IVC Evidensia: World's largest veterinary consolidator with ~1,200+ hospitals across 18+ countries. Global incumbent in the same consolidation category where AmeriVet operates.
Regional players
- VetStrategy: Canadian veterinary consolidator (400+ locations) that previously employed AmeriVet EVP Andrew Weir. Closely comparable model, but operates primarily in Canada.
Others
- PetIQ: Veterinary services and pet health products company. Adjacent provider of vet clinic and wellness center services, though its model is more retail-anchored than AmeriVet's hospital consolidation.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
AmeriVet Veterinary Partners social profiles
Digital presenceAmeriVet Veterinary Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
AmeriVet Veterinary Partners leadership team
Management profileNumber of profiles
Profiles6 records
AmeriVet Veterinary Partners subsidiaries and ownership
Company hierarchySubsidiaries1 record
AmeriVet Veterinary Partners funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AmeriVet Veterinary Partners M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AmeriVet Veterinary Partners
What does AmeriVet Veterinary Partners do?
AmeriVet Veterinary Partners partners with veterinary practice owners through two primary models: Joint Venture (JV) partnerships, in which AmeriVet acquires a majority share while the veterinarian retains ongoing ownership and an active role, and TOPCO partnerships, in which the veterinarian fully exits in exchange for part of their payout in AmeriVet equity. The company provides partner practices with operational and HR support, recruitment and development, marketing and business services, and preserves clinical freedom for partner veterinarians across its network of 213 clinics in 37 states.
Is AmeriVet Veterinary Partners a public or private company?
AmeriVet Veterinary Partners is a private company. It is classified as private equity controlled and is currently operating.
When was AmeriVet Veterinary Partners founded?
AmeriVet Veterinary Partners was founded in 2017. It employs 1,001 to 5,000 people.
Where is AmeriVet Veterinary Partners based?
AmeriVet Veterinary Partners is headquartered in San Antonio, United States, in the North America region.
How does AmeriVet Veterinary Partners make money?
Two revenue lines are on record. Veterinary Practice Acquisitions - Joint Venture (JV) is the primary driver. The others are veterinary Practice Acquisitions - TopCo (Equity Exit).
Who are AmeriVet Veterinary Partners's main competitors?
Direct peers on record are National Veterinary Associates (NVA), PetVet Care Centers, VetCor, BluePearl Veterinary Partners, Thrive Pet Healthcare and Compassion-First Pet Hospitals. Broad incumbents are VCA, Inc. (Mars Petcare) and IVC Evidensia. VetStrategy is listed as a regional player. PetIQ is listed as an others.
Does AmeriVet Veterinary Partners have an API?
No public API is recorded for AmeriVet Veterinary Partners.
What industry is AmeriVet Veterinary Partners in?
AmeriVet Veterinary Partners's product category is Veterinary Practice Management. Its primary akta.pro industry code is AFAEANAA, Companion Animal Veterinary Clinics & Hospitals, with a secondary code of HLAMAMAI, Enterprise & Multi-site Veterinary Operations (Corporate/Group Practice). Its NAICS code is 54194.